Image Integrators

HOW MUCH ARE MY CURRENT ISSUES REALLY COSTING MY BUSINESS

Image Integrators is focused on delivering solutions that drive paperwork out of business processes and make the purchasing and payment of goods and services easier and more efficient.

This section outlines some tangibles that will help you to understand why organisations of the calibre of Wolseley UK, Debenhams, Boots, Lakeland, Screwfix Direct, FedEx and Netfold UK have chosen our solutions.

The costs of inefficient processes:

  • The typical cost of processing a purchase invoice is £4 per invoice
  • The typical cost of processing a purchase invoice where the invoice and order do not match and it needs to be investigated is £11 per invoice
  • On average 19% of invoices do not match orders and need to be investigated
  • Workers spend between 30-40% of time managing documents
  • Document mismanagement costs 40-60% of workers time
  • Document mismanagement costs 12-15% of corporate revenue

Scenario:

For an Accounts Payable department receiving in the region of 4,000 invoices per month, this results in costs of £255,840 per year.